Analysts’ Weekly Ratings Changes for Nordson (NDSN)

Several analysts have recently updated their ratings and price targets for Nordson (NASDAQ: NDSN):

  • 4/19/2017 – Nordson was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $135.00 price target on the stock. According to Zacks, “Nordson Corporation is one of the world’s leading producers of precision dispensing equipment that applies adhesives, sealants and coatings to a broad range of consumer and industrial products during manufacturing operations. The company also manufactures technology-based systems for curing and surface treatment processes. Headquartered in Westlake, Ohio, Nordson has more than three thousand eight hundrednemployees worldwide, and direct operations and sales support offices in thirty countries.ntainers. “
  • 4/15/2017 – Nordson was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Nordson Corporation is one of the world’s leading producers of precision dispensing equipment that applies adhesives, sealants and coatings to a broad range of consumer and industrial products during manufacturing operations. The company also manufactures technology-based systems for curing and surface treatment processes. Headquartered in Westlake, Ohio, Nordson has more than three thousand eight hundrednemployees worldwide, and direct operations and sales support offices in thirty countries.ntainers. “
  • 4/12/2017 – Nordson was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $137.00 price target on the stock. According to Zacks, “Nordson Corporation is one of the world’s leading producers of precision dispensing equipment that applies adhesives, sealants and coatings to a broad range of consumer and industrial products during manufacturing operations. The company also manufactures technology-based systems for curing and surface treatment processes. Headquartered in Westlake, Ohio, Nordson has more than three thousand eight hundrednemployees worldwide, and direct operations and sales support offices in thirty countries.ntainers. “
  • 4/8/2017 – Nordson was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Nordson Corporation is one of the world’s leading producers of precision dispensing equipment that applies adhesives, sealants and coatings to a broad range of consumer and industrial products during manufacturing operations. The company also manufactures technology-based systems for curing and surface treatment processes. Headquartered in Westlake, Ohio, Nordson has more than three thousand eight hundrednemployees worldwide, and direct operations and sales support offices in thirty countries.ntainers. “
  • 4/6/2017 – Nordson was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $137.00 price target on the stock. According to Zacks, “Nordson Corporation is one of the world’s leading producers of precision dispensing equipment that applies adhesives, sealants and coatings to a broad range of consumer and industrial products during manufacturing operations. The company also manufactures technology-based systems for curing and surface treatment processes. Headquartered in Westlake, Ohio, Nordson has more than three thousand eight hundrednemployees worldwide, and direct operations and sales support offices in thirty countries.ntainers. “
  • 3/31/2017 – Nordson was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Nordson Corporation is one of the world’s leading producers of precision dispensing equipment that applies adhesives, sealants and coatings to a broad range of consumer and industrial products during manufacturing operations. The company also manufactures technology-based systems for curing and surface treatment processes. Headquartered in Westlake, Ohio, Nordson has more than three thousand eight hundrednemployees worldwide, and direct operations and sales support offices in thirty countries.ntainers. “
  • 3/29/2017 – Nordson was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $136.00 price target on the stock. According to Zacks, “Nordson Corporation is one of the world’s leading producers of precision dispensing equipment that applies adhesives, sealants and coatings to a broad range of consumer and industrial products during manufacturing operations. The company also manufactures technology-based systems for curing and surface treatment processes. Headquartered in Westlake, Ohio, Nordson has more than three thousand eight hundrednemployees worldwide, and direct operations and sales support offices in thirty countries.ntainers. “
  • 3/22/2017 – Nordson was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Nordson Corporation is one of the world’s leading producers of precision dispensing equipment that applies adhesives, sealants and coatings to a broad range of consumer and industrial products during manufacturing operations. The company also manufactures technology-based systems for curing and surface treatment processes. Headquartered in Westlake, Ohio, Nordson has more than three thousand eight hundrednemployees worldwide, and direct operations and sales support offices in thirty countries.ntainers. “
  • 2/28/2017 – Nordson had its “market perform” rating reaffirmed by analysts at Oppenheimer Holdings Inc..
  • 2/22/2017 – Nordson had its price target raised by analysts at Barrington Research from $125.00 to $135.00. They now have an “outperform” rating on the stock.

Shares of Nordson Co. (NASDAQ:NDSN) traded up 0.49% during mid-day trading on Thursday, reaching $121.67. 257,081 shares of the company traded hands. The stock has a market capitalization of $7.00 billion, a price-to-earnings ratio of 25.01 and a beta of 1.26. Nordson Co. has a 52-week low of $74.49 and a 52-week high of $127.50. The company’s 50 day moving average is $123.11 and its 200 day moving average is $112.39.

Nordson (NASDAQ:NDSN) last announced its earnings results on Monday, February 20th. The industrial products company reported $0.86 EPS for the quarter, beating the consensus estimate of $0.82 by $0.04. The business had revenue of $407 million for the quarter, compared to the consensus estimate of $396.78 million. Nordson had a return on equity of 35.20% and a net margin of 15.03%. During the same period last year, the business posted $0.61 EPS. On average, equities analysts forecast that Nordson Co. will post $5.34 earnings per share for the current year.

In related news, insider John J. Keane sold 23,600 shares of the firm’s stock in a transaction dated Friday, March 10th. The stock was sold at an average price of $123.88, for a total transaction of $2,923,568.00. Following the sale, the insider now directly owns 81,086 shares in the company, valued at approximately $10,044,933.68. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 2.15% of the company’s stock.

Nordson Corporation engineers, manufactures and markets differentiated products and systems used to dispense, apply and control adhesives, coatings, polymers, sealants, biomaterials, and other fluids, to test and inspect for quality, and to treat and cure surfaces. The Company’s segments include Adhesive Dispensing Systems, Advanced Technology Systems and Industrial Coating Systems.

5 Day Chart for NASDAQ:NDSN

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